RAYJ

Rayliant SMDAM Japan Equity ETF

$34.65
+0.00%
Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The Rayliant SMDAM Japan Equity ETF (RAYJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SMDAM Japan Equity Index.

Overview

ETF tracking Rayliant SMDAM Japan Equity ETF

Category Country
Issuer Other
Inception Date 2024-04-04
Market Cap $16.5M
Average Volume N/A
Dividend Yield 0.62%
52-Week Range $24.16 - $35.13
VWAP $34.65

Performance

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Investment Summary

📎 Investment Objective

The Rayliant SMDAM Japan Equity ETF (RAYJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SMDAM Japan Equity Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of Japanese equity securities that are included in the SMDAM Japan Equity Index. The index is designed to track the performance of Japanese companies with a focus on small and mid-cap stocks.

✨ Key Features

  • Provides exposure to the Japanese equity market, with a focus on small and mid-cap companies
  • Seeks to track the performance of the SMDAM Japan Equity Index
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund invests primarily in Japanese equities
  • Potential for higher volatility due to the focus on small and mid-cap stocks
  • Currency risk as the fund's holdings are denominated in Japanese yen
  • Limited performance history makes it difficult to assess long-term returns

👤 Best For

This ETF may be suitable for investors seeking exposure to the Japanese equity market, particularly small and mid-cap companies, as part of a diversified portfolio. It may be most appropriate for investors with a higher risk tolerance and a long-term investment horizon.